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stoner422

10/07/18 6:55 PM

#90452 RE: MMPRuser #90432

You know I won't even pretend to be good in math but the way I see it is this. The warrants aren't exercised for up to three years. If the deal is based on a specific number at a specific price then you can figure out the average loss from the proposed dilution at the time of the closing. As that article mentioned it would be roughly 30%. That doesn't mean this stock is going to drop right (from when that article was written) now 30%, to ironically right around $37US the deal share price. It could at any time in the future when the warrants are exercised that the share price drops 30%. We could very well be trading 2 years from now at an imaginary price of $150 and the warrants are exercised and the share price drops 30% to $105US. Correct me if I'm wrong on those thoughts. In the end though whether the SP goes up or down it doesn't really matter to me because the share price will and should always have support at the deal price of $37US per share which keeps me smiling for a long long time!